News and Updates
SBA Expands 504 Debt Refinance Program
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
October 2024 SBA 504 Interest Rates
25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...
SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
Daily Herald: SBA 504 Financing for Ground-Up Construction
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
September 2024 SBA 504 Interest Rates
25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...
August 2024 SBA 504 Interest Rates
25 Year Term 6.04% 20 Year Term 6.11% 10 Year Term 6.48% The August 2024...
Daily Herald: Close CRE Deals with the SBA 504 Loan
The commercial real estate market continues to find its footing after the pandemic. Business owners...
July 2024 SBA 504 Interest Rates
The July 2024 SBA 504 debenture pricing was competed on July 11, 2024. 25 Year...